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Independent journal on economy and transport policy
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BRIEFS
February 7, 2013
Sched Netweb site
  • Emma Maersk out of action for 3 months, boxes undamaged by flooding
  • G6 Alliance offers 6 loops to US east coast via Panama, Suez from May
  • MSC invests in Long Beach, joins CMA CGM, OOCL in SoCal commitment
  • BIFA: It's business as usual at US ports after deal signed with union
  • International Chamber of Shipping blasts 3-5pc Suez Canal toll hike
  • New African ports to be built as old ones fail to cope with box growth
  • Open registries like Liberia miffed at slur -'flags of convenience'
  • China Postal Airlines launches new Nanjing-Wenzhou-Xiamen service
  • Qantas upgrades Asia, raising capacity to Hong Kong and Singapore
  • Russia's Ural Airlines starts new air-cargo service to Harbin

Exim Indiaweb site
FEBRUARY 6, 2013
  • AMTOI's Extended Board holds interactive session with DG Shipping
  • GAC India appointed Sarjak s liner agent in Cochin & Tuticorin
  • ICS protests Suez Canal toll increases
  • Gail (I) allowed to ship shale gas to India
  • Sino-India trade declines 10 pc to $66.47 bn in 2012
  • Adani Enterprises consolidated total income rises 51 pc in Q3
  • CCHAA wants an end to frequent strikes by trailer operators
  • ILA strike averted on US East & Gulf Coast ports
  • JNPCT crosses 1-million-TEU mark for 2012-13
  • Port of Antwerp stays on course in 2012
  • Ministry of Railways formulates draft policy on rail terminals at private ports
  • RBI to set up new system to check export irregularities
  • MACCIA s advanced Customs course on March 6-8

International Transport Journalweb site
FEBRUARY 6, 2013
  • RJ increases Libya operation
    Starting today (6 February), Royal Jordanian is increasing its operation to Libya by doubling the Amman - Misurata service from one to two weekly. This will be followed on 9 Februa...
  • Surprising departure of PKP Cargo's chairman
    Wojciech Balczun, the chairman of Poland's largest railfreight carrier PKP Cargo, stepped down surprisingly on 28 January. The rumour mill says that Balczun has accepted an offer f...
  • USA's trailer order volume strongest since March 2006
    Following a modest pullback in November, the US trailer industry closed 2012 on a strong note. December saw new orders rise to a multi-year high, while cancellation activity remain...
  • DB Schenker Rail orders conversion of 32 locomotives
    The German service provider DB Schenker Rail has mandated Siemens to convert 32 series 189 locomotives in its inventory for future cross-border services to/from Germany, Poland and...
  • TX Logistik launches new coal trains
    The transport provider TX Logistik AG has launched two new rail connections to haul fuel to Germany's Werdohl-Elverlingsen power station, which is fired with low-grade anthracite. ...
  • Scania sells fewer trucks
    Scania reported that its net truck sales fell by 14% to SEK 49.58 million (EUR 5.76 million) during the full year 2012. The vehicle builder's order bookings amounted to 65,885 truc...
  • UND's chairman unanimously elected
    Turkey's freight transporters' association, Uluslararasi Nakliyeciler Dernegi (UND) held committee elections in Istanbul in January 2013. As expected Cetin Nuhoglu was elected chai...
  • Ceva Logistics to manage logistics for Nardi appliances
    Logistics and supply chain specialist Ceva Logistics has signed a new five year contract with Nardi Elettrodomestici, a specialist in white goods production, operating in over 80 c...
  • GACAG wants Icao to be focal point for global air cargo supply chain security standards
    The International Civil Aviation Organization (Icao) should serve as the focal point for implementing global air cargo supply chain security standards, the Global Air Cargo Advisor...
  • Etihad records 19% cargo growth
    Etihad Airways, the national carrier of the UAE, posted a net profit of USD 42 million in 2012, a 200% on 2011 (USD 14 million) in a year that saw strong improvements in revenues, ...
  • Rickmers Shipmanagement certified
    The German company Rickmers Shipmanagement has been granted ISO 50001 certification for its offices in Hamburg (Germany) and Singapore, as well as for ten vessels in its fleet, by ...
  • Eurabia-Schiffahrts-Agentur new agent in Germany for Med Cross Lines
    In our ITJ Daily of 5 February an error occurred in the web address for which we apologize. Here the announcement again with the correct address:
  • DB Schenker building new logistics centre in Czechia
    DB Schenker Logistics has started construction work on a new EUR 23.5 million logistics centre in Rudná u Prahy (Czechia). The building, located close to the country's capital, wil...
  • U-Freight delivers the fine art of shipping
    U-Freight Singapore has recently set up a new division, ArtSafe to promote its logistics hub as a fine arts storage facility, as well as an exhibition venue for showcasing artwork ...

Marine Logweb site
FEBRUARY 6, 2013
  • Labor leader applauds HII plan to redeploy Avondale
  • Damen Bergum delivers Combi Freighter
  • LCS-5 will be first with new high power density waterjets
  • PSV will be first vessel with Rolls-Royce Unified Bridge
  • Oaktree Capital acquires Zodiac MILPRO
  • Ultra long stroke MAN B&W engine passes shop test

World Wide Shipperweb site
FEBRUARY 6, 2013
  • Port of Everett ranks 5th for West Coast export value
  • Port of Grays Harbor honored for soybean export excellence
  • Rail association reports railroads to invest billions
  • Over 100,000 comments received for Cherry Point bulk terminal project
  • Sea-Tac Airport wins final nod for Delta flights to Tokyo-Haneda

Lloyd's Listweb site
FEBRUARY 6, 2013
  • US judge dismisses Costa Concordia claims
    Small print sends claim to Italy
  • Asia issues a challenge
    A blueprint is emerging for the region to take a lead in post-crisis maritime affairs
  • Knightsbridge defies losses to defend expansion drive
    Fredriksen firm seeking to buy dry bulk ships 'where the risk/reward ratios look attractive'
  • Bargain hunters eye struggling Asia-based shipowners
    Banking crisis offers an S&P killing to those with cash, says Huxley
  • Who pays the piper?
    Debate rages over who should bankroll the proposed ship-recycling fund
  • Iran expands VLCC fleet despite oil sanctions
    Average spot market earnings are forecast to rise to $43,000 in 2015
  • New labour dispute at Sokhna
    Workers at DP World port demand permanent employment contracts
  • ICS slams proposed EU ship recycling regulations
    Brussels has an 'ulterior motive' to create work for ship recycling in Europe
  • Shell and BG Group are natural partners
    A powerful new entity could emerge on the LNG shipping scene
  • MHI shipbuilding orders collapse
    Japanese yard sees fewer takers for LNG carriers and cruiseships
  • Greek ferries go back to work
    Most services resumed as government breaks strike
  • Back off
    International Chamber of Shipping rightly criticises EU proposals on ship recycling
  • Euronav secures three more years for convertibles
    Investor approvals for pushing back maturity top 80%
  • Maritime security must move away from 'Band-Aid' solutions
    Private firms must build intelligence networks and engage with naval authorities
  • Perri steps up at Paragon
    Chief financial officer appointment relieves burden on Bodouroglou
  • Paying off pirates would open Pandora's box
    Lloyd's List article make the case that crime pays
  • Fredriksen orders two aframaxes from Guangzhou
    Shipping tycoon has booked six 115,000 dwt product tankers
  • Pirates were given intelligence for Gascogne hijack, says Dryad
    Two crew injured in attack on product tanker off Ivory Coast
  • China Cosco responds to shareholder rebellion against Wei
    'Any measure conducive to the company's performance and sustainability' will be taken
  • Omega bankruptcy could drag on past Easter
    Unsecured creditors launch fresh accusations against Kassiotis as auction looms
  • Yangzijiang accelerates its expansion
    Shipbuilder makes $30m in acquisitions and greenfield investments in two months
  • Absent Costa Concordia investigation report unacceptable, says ICS
    Chamber says flag states must publish casualty reports
  • ICS backs international system to monitor, report and verify emissions
    However, it has criticised the position taken by the US and EU

Fairplayweb site
FEBRUARY 6, 2013
  • Knightsbridge confirms tanker exit
    DESPITE its name, NASDAQ-listed Knightsbridge Tankers today officially classified its tanker division as a 'discontinued operation'
  • Pirates release Gascogne and 17 seafarers
    PIRATES have released the French products tanker Gascogne and its 17 crew members, who were hijacked off Ivory Coast
  • EU provides €5M for Rotterdam box scheme
    THE EU said today it is providing €5M ($6.76M) toward the total cost for the first phase of the Rotterdam World Gateway terminal
  • China's breakers squeezed
    CHINA'S gap is narrowing between prices of vessels for demolition and for scrap steel, which means its scrappers can break even only after booking other operation costs
  • Beware! Ship guard rules shift with locale
    P&I PROVIDER North of England has warned shipowners to be "extremely careful" about using armed ship guards off West Africa
  • Euronav extends bond deal
    LOSS-MAKING Belgian tanker operator Euronav has extended the term for $124M in convertible debt by three years
  • Mariner missing from tug
    A TUG crewman is missing today after falling overboard into the Channel, the BBC reported
  • Adaro coal output roars ahead despite rains
    INDONESIA'S second-biggest coal producer, Adaro Energy, had record production in 4Q12, despite the highest recorded rainfall at its mines
  • Novatek wins new naphtha export deal
    NOVATEK, Russia's largest independent gas producer, has signed an export deal with South Korea's Yeochun Naphtha Cracker Centre
  • Queensland floods worsen drybulk congestion
    BULKERS faced longer waiting times to load coal in Australia because of heavy rain in Queensland
  • Breaking hits record in 2013
    DEMOLITIONS hit a record in 2013, with more vessels broken up to relieve the oversupplied market
  • MHI's ship unit cuts losses
    MITSUBISHI HI's shipbuilding and ocean development division said today it cut operating losses to ¥800M ($8.5M) for the nine months ending 31 December 2012, from '2.2Bn a year earlier

The Journal of Commerceweb site
FEBRUARY 6, 2013
  • Congestion at Tanjung Priok Dampens Indonesia's Economic Growth
    Indonesia's economic growth continues to be undermined by its poor logistics performance and congestion at the key gateway port of Tanjung Priok located near the capital Jakarta, which handles more than half of national containerized imports and exports. Jakob Sorensen, President Director, Maersk Line Indonesia, said there had been a lack...
  • CMA CGM's Cheng Lie Navigation Set to Launch Intra-Asia Service
    CMA CGM's new VTI service. Cheng Lie Navigation, CMA CGM's intra-Asia carrier, will launch a new intra-Asia service this month linking Ningbo, Shanghai and Xiamen, China, with Vietnam, Thailand and Indonesia. The service will start on Feb. 23 with the following port rotation: Ningbo, Shanghai, Xiamen, Ho Chi Minh City, Laem Chabang...
  • LA Customs Brokers and Forwarders Group Names 2013 Officers
    The Los Angeles Customs Brokers and Freight Forwarders Association, which represents licensed U.S. customs brokers, freight forwarders and non-vessel-operating common carriers and firms in Southern California, has elected its 2013 officers. Vincent Iacopello, managing director of The Janel Group of Los Angeles, was re-elected president; Mark Hirzel, western regional director of...
  • Barranquilla Container Terminal to Use Tideworks System
    Barranquilla Container Terminal, a joint venture between SSA International and Sociedad Portuaria del Norte, located in the Port of Barranquilla, Colombia, has chosen Tideworks Technology's terminal operating system to manage its operations. The new terminal will be managed by Santa Marta International Terminal Co. It will initially have capacity for about...
  • Americold Names Boehler Executive VP, COO
    Americold, which offers temperature-controlling warehousing and logistics services for the food industry, has appointed Fred Boehler executive vice president and chief operating officer. In this role, Boehler is responsible for U.S. operations, reporting to Jeffrey M. Gault, president and CEO of Americold. Prior to joining Americold, Boehler served as senior vice president of...
  • Emirates Shipping Line to Boost Asia-Mideast Rates
    Emirates Shipping Line today announced a general rate increase on its trade route from the Far East and Southeast Asia to the Middle East, effective March 15. The rate hike will be $500 per 20-foot-equivalent unit....
  • Shareholders Call for Removal of Cosco's Chairman Wei
    Zhang Yuangzhong, a lawyer in Beijing, is leading a shareholders' revolt against China Cosco Holdings, a subsidiary of Cosco Group, to remove Wei Jiafu from his post as the maritime group's chairman, following the company's repeated losses, according to SinoShip News. If Zhang can get more than 10 percent of shareholders...
  • PortVision Launches $500,000 Grant Initiative to Improve Ports, Waterways
    PortVision, a Web-based service for the maritime industry, today launched the PortVision CONNECT initiative, which includes a $500,000 commitment to fund the development and implementation of Web-based solutions that help nonprofit maritime organizations enhance port and waterway efficiency, safety and security for their stakeholders. Eligible PortVision CONNECT grant participants include harbor...
  • Jacksonville, Haitian Port Authorities Sign MOU
    Johnny Gaffney, Jacksonville City Councilman (L), and James Citrano, Jaxport's board chairman, look on as Alix Celestin, Haitian director general signs MOU. Roy Schleicher, Jacksonville Port Authority's CEO, and Alix Celestin, director general of Autorite Portuair Nationale (National Port Authority), which oversees 11 public ports in Haiti, have signed a memorandum...
  • Pennsylvania Governor Eyes Reform of Transportation Funding
    Pennsylvania's Gov. Tom Corbett has proposed two changes to the way the state provides funding for transportation infrastructure. "I am calling on the legislature to pass a 17 percent reduction in the flat liquid fuels tax paid by consumers at the pump," he said during his statewide budget address. "Second, I...
  • Lithuania Supports Implementing EU-Ukraine FTA Even Before Ratification
    During a recent European Union General Affairs Council meeting in Brussels, Vytautas Leskevicius, Lithuania's vice minister of foreign affairs, advocated the implementation of the European Union-Ukraine free trade agreement prior to its ratification to jump-start the economic benefits of the arrangement, according to the Lithuanian Foreign Ministry. Leskevicius reportedly called on the...
  • Kenco to Manage Haier America's Distribution Centers
    Haier America, a division of Haier Group that specializes in appliances and consumer electronics, has chosen third-party logistics provider Kenco to manage Haier's three main U.S. distribution centers in Keasbey, N.J.; Fontana, Calif.; and Black Creek, Ga. Haier chose the Georgia location as its logistics hub serving the southeastern U.S....
  • EU Committee Endorses Allowing Beef Imports From Japan
    The European Commission's Standing Committee on the Food Chain and Animal Health has endorsed two new measures authorizing the imports of beef from Japan. One of the proposals focused on adding Japan to a list of non-EU countries from which imports of beef into the EU are authorized, and the other...
  • Strike Hits DP World's Egyptian Container Terminal
    Egypt's Sokhna Port has been hit by yet another labor dispute, disrupting operations and forcing ocean carriers to skip calls at Ain al-Sokhna Terminal, operated by DP World, according to reports from that country. Reports said nearly 1,200 temporary workers employed by a previous subcontractor at the port began their industrial...
  • NITL Seeks 'Careful' Review of TSA-WTSA Merger
    The National Industrial Transportation League urged the Federal Maritime Commission to "carefully" review a proposed merger of two trans-Pacific carrier discussion agreements in order to ensure shippers aren't disadvantaged. The FMC has asked the Transpacific Stabilization Agreement, representing carriers in the Asia-to-U.S. market, for more information on the TSA's proposal to...
  • East-West Intermodal Pricing Slides in the US
    East-west intermodal pricing slipped this week while north-south lanes saw increases, according to weekly pricing data provided by the 3PL IDS. An index of west-to-east lanes in the U.S. continued a multiweek slide, dropping $10 to $2,440 for an all-inclusive 53-foot door-to-door move based on rates supplied by Class 1 railroads....
  • Hapag-Lloyd Shifts US-Australasia Port Calls
    Hapag-Lloyd has announced changes in port rotation for its WAS and WAN services between the U.S. West Coast and Australasia. The WAS service rotation, Loop 1, will be as follows: Oakland, Calif.; Los Angeles; Auckland, New Zealand; Melbourne, Australia; Sydney; Tauranga, New Zealand; Papeete, French Polynesia; Ensenada, Mexico; and back to...
  • Vancouver Fraser Port Authority Re-Elects Neeser as Chair
    The Vancouver Fraser Port Authority's board of directors has re-elected Craig Neeser as chair for another two-year term, beginning March 1. Neeser was originally appointed to the board in August 2009 and was reappointed in August 2012. He is the former president of Weyerhaeuser Co....
  • The Track to Black: The Financial Health of Major US and Canadian Railroads
    If you are unable to view the Flash interactive graphic, view a video version....
  • Fesco's Deep-Sea Container Traffic Grows 14.1 Percent
    Fesco Transportation Group's ocean carrier saw its deep-sea container traffic grow 14.1 percent in 2012 compared to 2011, driven by expansion of its liner network in its domestic Russian market and international routes. Fesco, Russia's largest container line, handled 342,700 20-foot-equivalent units in international services and 68,000 TEUs in domestic routes,...

Containerisation Internationalweb site
FEBRUARY 6, 2013
  • Jamaica: the next world hub?
    The government of Jamaica has unveiled ambitious plans for the Caribbean island to become a global logistics hub for the Americas and to position it as a regional ...
  • OOCL Lite smartphone upgrade
    Ocean carrier OOCL has launched its latest Lite 4.1 App for iPhones, Android and iPads which will enable its customers to view more status details of their ...
  • Greek strike goes on, but government intervenes to bring a halt
  • Zim covers Indian traffic via INE
    Zim Line said today that as part of its scheduling restructure between Asia, the Indian sub-continent and north Europe that it will now cover its Indian trade via ...
  • TSA recommends April rate hikes
    Container lines operating on transpacific routes have announced rate hikes of at least $400 per feu from April, in moves designed to boost market sentiment after ...
  • HPH Trust posts higher fourth-quarter profit
    Hutchison Port Holdings Trust, the Singapore-listed trustee that manages HPH's assets in South China, has seen year-on-year improvements in revenues and profits ...
  • Suez Canal: a vital conduit for world trade
    The recent social unrest in Egypt and the threat to the security of the Suez Canal has given shipowners and charterers yet another worry line on their brows. The ...

TradeWindsweb site
FEBRUARY 6, 2013
  • FLNG orders take shape
    Daewoo Shipbuilding and Marine Engineering (DSME) appears to be closing in on a contract to construct a floating LNG (FLNG) liquefaction facility for Pangea LNG.
  • Petrochina takes OSG twins
    Overseas Shipholding Group (OSG) may be bankrupt but the stigma of Chapter 11 doesn't appear to have significantly impaired its ability to secure charters for crude carriers trading in the spot market.
  • Panamax scrapped at 10
    Turkish owner Deniz Nakliyati has become the first to throw a vessel built after the year 2000 on the scrap heap.
  • Pyxis crewman shot dead
    A Filipino seafarer has been shot dead by pirates on a Greek tanker off Nigeria.
  • Knightsbridge at a loss
    John Fredriksen's Knightsbridge Tankers has dipped into the red in the fourth quarter despite the gradual sale of its loss making VLCCs.
  • Port workers poisoned
    Fourteen port workers have been taken to hospital in Hamburg after being exposed to fumes on a German boxship.
  • Navios newbuild fixed
    Navios Maritime Acquisition has found employment for its second newbuilding in three weeks.
  • Crewman lost from tug
    A seafarer is feared dead after going overboard from a tug in a storm off the UK.
  • Fund out of Genco
    US hedge fund Zazove Associates has cut ties with Genco Shipping & Trading three years after it bought into the bulker owner.
  • Kreuz signs for newbuild
    Kreuz Holdings has firmed up an order for a multipurpose subsea dive support and construction vessel in China.
  • Fesco ups volumes
    Russian containership owner Fesco carried 14.1% more cargo in 2012.
  • United bulker busted
    A United Ocean Ship Management supramax was one of nine vessels to fall foul of UK inspectors in December.
  • Oliva lifeboat's two-year odyssey
    A barnacle-encrusted lifeboat from the wreck of the Oliva has been found on an Australian beach 8,000km from where the bulker broke up in 2011.
  • FOE profit sliced
    Fred Olsen Energy (FOE) has seen fourth quarter earnings almost sliced in half due to downtime for two of its drilling rigs.
  • McQuilling's rate hope
    VLCC rates on the key Middle East to Japan trade route are set to rise by almost 50% this year, according to a leading shipbroker.
  • Bibby bags BP deal
    The UK's Bibby Ship Management has clinched a deal with BP to manage six vessels in the North Sea.
  • ASL shoots up
    ASL Marine posted a big rise in fourth quarter earnings thanks to higher margins.
  • UniCredit shows Torm stake
    UniCredit is the latest bank to reveal itself as a major shareholder in restructured shipowner Torm.
  • Euronav wins debt deal
    Belgian tanker owner Euronav has convinced more than four-fifths of investors to extend the maturity of its $150m 2015 bonds.
  • Gascogne released
    The hijacked SEA-tankers vessel Gascogne has been freed by West African pirates after they stole some of its cargo.
  • Danske downs Wilhelmsen
    Danske Bank has downgraded Wilh Wilhelmsen ASA on the back of a stellar year for the car carrier owner.
  • Golar Partners nets $130m
    Golar LNG Partners has raised over $130m to fund the drop down of an LNG carrier from its parent.
  • Belarus still wants ships
    Belarus president Alexander Lukashenko remains keen to establish a fleet of bulkers for the landlocked country.
  • Parent boosts Hanjin
    Korea's Hanjin Heavy Industries & Construction (HHIC) is receiving a cash boost from its parent.
  • Bourbon revenues rise
    Bourbon has said its high-end strategy continues to pay off as the Paris-based company reports a near 15% jump in revenues.
  • CMES adds five more
    China Merchants Energy Shipping (CMES) has confirmed its second new VLCC order in a week.
  • Mitsubishi slips to loss
    Mitsubishi Heavy Industries' shipbuilding arm has slipped to a loss in the first nine months of the 2012 fiscal year.
  • Wei under pressure
    Cosco chairman Wei Jiafu looks set to come under increasing pressure to step down over the group's poor financial performance.
  • Smit wins navy job
    Smit Salvage has won a contract to remove a US Navy minesweeper that went aground off the Philippines.
  • Perri takes the mound
    Paragon Shipping's board of directors has approved a promotion that will see its chief executive's long-time lieutenant ascend to a position of greater power.

American Shipperweb site
FEBRUARY 6, 2013
  • U.S. Postal Service ends Saturday mail delivery
    Starting Aug. 5, the U.S. Postal Service will discontinue Saturday mail delivery in favor of a Monday-through-Friday schedule at an estimated annual savings of $2 billion.
  • Washington Notebook: NTSB recommends safety step for truck drivers
  • Zim to restructure its Asia-Med-Europe network
    Rafi Ben Ari, the carrier's vice president of shipping, said the "revised network presents an improved alignment, better suited to our customers' requirements, with improved coverage, reliability and availability."
  • Ti: Asia Pacific logistics landscape transforming
  • Colombia terminal picks Tideworks for operating system
  • C.H. Robinson boosted by acquisitions in 2012
    The 3PL experienced a 15.7-percent year-over-year increase in revenue during the fourth quarter of 2012, ending the period at $2.97 billion.
  • UTi to use Blue Tree fleet management tool
  • NC approves reefer warehouse lease at Wilmington
  • Tampa to receive Embraer plane components
  • Eberhart Capital buys Poling Transportation
  • Kenco wins Haier America contract
  • NIT League wants FMC to 'closely examine' proposed TSA-WTSA merger
  • Marseilles Fos reports record box volumes
  • Great Lakes shipping industry hopeful for dredging
    Legislation in both the House and Senate would require the Harbor Maintenance Trust Fund to spend the amount of tax it takes in each year explicitly on dredging needs.
  • Shipping Chamber says it will support emissions regulation
  • MOL's transpacific on-time rate falls in 4Q
  • EU port organizations work to protect funding

The Bunker Bulletinweb site
FEBRUARY 6, 2013
  • Crude rallies on drop in inventories at WTI delivery point
    Futures rose as stockpiles declined 315,000 barrels at the hub last week to 51.4 million, a one-month low.
  • Stringent washwater criteria 'could eliminate' some scrubbing technology
    Failure to relax pH limit for discharges at sea could scupper much of the currently available technology just as 2015 deadline looms, warns EGCSA director.
  • Mid-week prices head upwards
    High sulphur and low sulphur fuel both gain $5.50 in Rotterdam.
  • 'Headaches and nausea': bunker fumes could be to blame
    Fourteen dock workers taken in hospital in Hamburg.
  • Bunker prices rise in Fujairah
    But outlook mixed in Suez.
  • Fujairah bans tankers for rule-breaking
    Banned ships can no longer load and discharge cargo at the port.
  • Proposal to change scrubber washwater criteria put to IMO
    Move supported by Danish research welcomed by some, but resisted by others due to environmental concerns.
  • Shipping line signs new deal with fuel additive provider
    Neftech will be supplying the additive to 50 ships operated by APL.
  • Hijacked product tanker released
    Crew safe but some fuel cargo taken.
  • NuStar Energy posts net losses for 2012
    Company expecting higher earnings in bunkering and heavy fuel oil businesses.
  • Arbitrage volumes set to fall
    'The numbers don't look appealing at the moment, freight has to be lower to make things work.'
  • Innovation 'important during tough times'
    Electricity stored in on-board batteries is an opportunity 'in the future energy mix'.
  • Asian bunker prices resume upward trend
    Singapore's price of benchmark 380 cSt bunker fuel rose $2.50 to average at $651.50 pmt.
  • G-Fuel: Bunker licence termination 'not our fault'
    Breach of clause committed by previous management in 2011.
  • China fuel imports fall in January
    The 20% decline due to larger imports in December and slower consumption.

›››File
FROM THE HOME PAGE
In the second quarter, freight traffic in the port of Civitavecchia grew by +3.6%
Civitavecchia
In the first half of this year the total was 3.93 million tons (+1.5%)
Last month the port of Singapore handled four million containers (+3.1%)
Singapore/Hong Kong
A 1.6% decline was recorded in the port of Hong Kong
AP Moller Capital to acquire majority stake in Globex Investissement
Copenhagen/Casablanca
Ship hit in the Strait of Hormuz
Southampton
Crew member of the "Minoan Dignity" dies
Last month, freight traffic in the port of Barcelona decreased by -6.5%.
Barcelona
In July, 300,961 containers were handled (-13.2%)
Abu Dhabi's sovereign wealth fund offers to acquire 100% of AD Ports' capital.
Abu Dhabi
He currently owns a 75.42% stake
In the first half of 2026, freight traffic in the port of La Spezia grew by +2.0%
La Spezia
Cargo traffic in Tunisian ports is growing sharply
In the April-June quarter it was 7.4 million tons (+8.8%)
The port of Koper reports a 5.6% decrease in quarterly freight traffic
Ljubljana
In June the decline was -18.9%
Strait of Hormuz crisis has severe impact on DP World's financial and operating performance
Dubai
Container traffic at CK Hutchison terminals fell by -1% in the first six months of 2026.
Hong Kong
Excluding operations in Panama, volumes increased by +5%
In the first half of 2026, freight traffic in the port of Hamburg decreased by -3.1%.
Hamburg
Containers amounted to four million TEUs (-3.7%)
HMM's revenues increased by 29.7% in the second quarter
Seoul
Net profit down, weighed down by lower financial income
Evergreen's net profit grew by 43.9% in the April-June quarter.
Taipei
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Maersk and Hapag-Lloyd benefit from the recovery of the container shipping market
Copenhagen/Hamburg
The Danish company reports better quarterly performance than its German partner in Gemini Cooperation
Freight traffic in the ports of Genoa and Savona-Vado remained stable in the second quarter
Genoa
Passenger numbers drop at both ports
In the second quarter, Yang Ming recorded a net profit growth of +610.7%.
Keelung
Revenues stable in the first half of 2026
Two ships attacked in the Gulf of Oman and off the coast of Yemen
Southampton
A container ship was reportedly hit by an American helicopter
The Northern Sea Route is not at all competitive with the sea route through Suez
Basel
Study by two researchers from Mokpo National Maritime University
The auction on August 28 is expected to confirm Rheinmetall-MSC's interest in the Romanian Mangalia shipyard.
Bucharest
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
In the second quarter, vessel traffic in the Panama Canal grew by +9.6%, but decreased significantly in June
Panama/Balboa
The ACP introduces new limitations on vessel draft and does not exclude reductions in the daily number of transits.
Contract with Fincantieri for the construction of a third cruise ship for Crystal is now in force
Monaco/Miami
Delivery is scheduled for 2034
More explosions in the Strait of Hormuz area
Southampton/Tehran
Iran-Oman negotiations continue, but reopening to ship transit still seems a long way off.
Shipping associations reiterate their opposition to mandatory tolls and tariffs for transiting the Strait of Hormuz.
Two ships attacked in the Red Sea
Southampton/San'a'/New Delhi
Indian vessel "Faize Noore Oliya" sunk, Houthis claim attack on "NCC Wafa"
Prologis makes $18.8 billion offer to buy Segro
San Francisco
The combination will create a European giant in the ownership and management of logistics properties
In the April-June quarter, ONE recorded an improvement in financial performance
Singapore
During the period the fleet transported almost 3.3 million containers (+2.9%)
Global Port Holdings' revenues grew by 27% in the first half of this year.
Istanbul
Gross operating margin up 22%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
In the second quarter, naval traffic in the Suez Canal increased by +16.5%
Cairo
In the first half of 2026, growth was +14.0%
In the second quarter of 2026, the Bosphorus Strait was crossed by 10,082 ships (+0.5%)
Ankara
In the first half of the year, naval traffic decreased by -0.5%
A report by the French National Assembly notes the competitive decline of the state's port ecosystem.
Paris
In the first half of 2026, FS's freight transport segment recorded a -2.7% drop in operating revenues
Rome
Traffic volumes amounted to approximately 8.8 billion tonne-km (-7.3%)
The EU ETS Observatory confirms that the emissions trading system is having a negative impact on EU ports.
Madrid
The proposed corrections are the broadening of the criteria for the designation of neighbouring container transhipment ports and a percentage reduction factor applied to the volume of CO2 emissions from ships.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Norwegian Cruise Line Holdings' revenues increased by 4.9% in the second quarter of 2026.
Miami
New historical record of passengers embarking on the fleet's ships
Fincantieri's half-year revenues remain stable
Trieste
Net profit increased by 191.4%. New orders fell by 58.5%.
In the second quarter, freight traffic in Albanian ports grew by +8.9%
Tirana
The US think tank Open Markets Institute proposes the establishment of a public container shipping company
Washington
Rao: Today the United States depends on a cartel of six foreign shipping companies
Royal Caribbean reports record revenue for the April-June quarter
Miami
New all-time peak in turnover in the first half of 2026
In the second quarter, CMA CGM group revenues increased by +19.2%
Marseille/New York/Los Angeles
United Ports Joint Venture with Stonepeak Completed
PortXchange: To immediately reduce shipping emissions, we need to focus on ports.
Rotterdam
In the port of Trieste, bulk cargo is increasing and miscellaneous goods are decreasing.
Trieste
In the first six months of 2026, traffic in Monfalcone dropped by 24.9%.
Fermerci, freight train transport production in Italy could fall to 2015 levels this year.
Rome
Map: We are faced with data that exceeds all expectations.
Indian government approves $7.2 billion in aid for domestic shipbuilding
New Delhi
Strategy adopted today to revitalize the sector
Two Indian shipyards included in the new EU list of ship recycling facilities proposed by the Commission
Brussels/Washington
Satisfaction of ECSA and World Shipping Council
Hyundai and Siemens sign agreement for AI-powered shipbuilding
Washington
The goal is an autonomous manufacturing system in which all processes, including design, production, logistics, inspection and testing, are digitally connected.
African Union condemns attacks on tankers in Red Sea claimed by Houthis
Addis Ababa
Youssouf: The security of Red Sea shipping lanes is of vital strategic importance for Africa
In Genoa, Fincantieri delivered the new cruise ship Explora III to Explora Journeys.
Genoa
"Explora IV" and "Explora V" will follow in 2027 and "Explora VI" in 2028.
In the second quarter of 2019, bulk cargo volumes increased while general cargo volumes decreased.
Rotterdam
In the first half of 2026, 212.0 million tonnes of goods were moved (+0.4%)
In the second quarter, Spanish ports handled 144.8 million tonnes of goods (+2.9%)
Madrid
Record for conventional goods and containers (in TEU)
The EU Commission opens an in-depth investigation into the Saipem-Subsea7 merger.
Brussels
Brussels considers the effects of the operation to be particularly critical, especially in the SURF market.
Medlog (MSC Group) acquires a stake in Interporto Bologna
Bologna
Caliandro: Industrial development that will allow us to achieve our rail freight traffic objectives
The Barcelona Port Authority will acquire 40% of Terminal Intermodal de Navarra.
Barcelona
The remaining 60% of the capital will remain with Hutchison Ports Best
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
In the first half of this year, Chinese seaports handled 5.87 billion tons of cargo (+3.0%).
Beijing
New historical records for half-yearly and quarterly container traffic
Ports of Italy: The issue of competences divides the reform.
Rome
At the Confitarma conference, Rixi defends the new national control room, while experts and operators ask for clarity on the relationships with the AdSPs and on the resources of the new company.
The maritime sector is divided between cautious support and criticism over the EU ETS review.
Brussels/Washington/
Copenhagen/Piraeus/Rotterdam
Yet another attack on a ship in the Strait of Hormuz
Southampton
A tanker was hit and abandoned by the crew.
ECSA considers the proposed revision of the EU ETS to be a first step, but many others should follow.
Brussels
Raptis: It's a good idea to allocate system revenues at EU and national levels to support sustainable fuels.
ESPO: No to lowering the EU ETS application threshold from 5,000 to 400 GRT vessels.
Brussels
Appreciation for measures aimed at reducing evasive ship calls
T&E welcomes some new proposals from Brussels for the EU maritime ETS
Brussels
The association is more critical of the measures studied by the EU Commission for the aviation sector
For Assarmatori, the Commission's proposal on the EU ETS is timid, while more courageous measures were expected
Brussels
EU Maritime ETS: The European Commission partially accepts shipowners' requests.
Brussels
A new €110 million fund for clean fuels, non-permanent exemptions extended to 2035, an IMO deduction mechanism, and crackdowns on "evasive" transshipment ports.
Another ship was hit by a shell in the Strait of Hormuz
Southampton/Tampa
US Marines conducted an inspection aboard a sanctioned oil tanker
Port of Gioia Tauro: First connection of a large container ship to the cold ironing system
Gioia Tauro
The ship "MSC Mirja" powered with a total power of approximately seven MW
In the second quarter of 2026, freight traffic in the port of Antwerp-Bruges decreased by -2%.
Antwerp
Dry bulk volumes recovered and rolling stock increased. Other sectors declined.
COSCO Shipping Ports sets new quarterly and half-year container traffic records
Hong Kong
US forces struck the VLCC Belma sailing towards Iran's Kharg Island.
Tampa
It is operated by the Emirati Max Maritime Solutions which is subject to US sanctions
In May, freight traffic in the port of Genoa was stable, while in Savona-Vado it decreased
Genoa
In the first five months of 2026, containers amounted to 1,199,914 TEUs (-2.8%), of which 999,228 (-1.4%) and 200,686 (-9.2%) were handled by the two ports respectively.
Turkey's GIH acquires Royal Caribbean's stakes in Kusadasi and Lisbon cruise terminals
Istanbul
Shareholdings rose to 99.99% and 60% respectively
In the first half of the year, Russian ports handled 451.5 million tons of cargo (+5.8%)
St. Petersburg
Record traffic in the second quarter
Container traffic at the Port of Long Beach dropped 1.7% in July.
Long Beach
In the first seven months of this year, total traffic was 5,758,086 TEUs (+1.2%)
In the second quarter, RCL recorded an increase in revenues that was outweighed by the increase in operating costs
Bangkok
Net profit down 1.1%
Danish DFDS's quarterly financial performance improves
Copenhagen
In the April-June quarter, rolling stock transported by the fleet increased by 1.1%. Passengers decreased by 8.9%.
Container traffic at HHLA terminals decreased by -8.0% in the second quarter
Hamburg
Revenues increased by 2.5%. Operating costs increased by 5.7%.
Costa Cruises announces change of management for the Americas region.
Genoa
Jorge Serrano Martín de Vidales will replace Dario Rustico
The Livorno Port Authority creates an internal task force for the Darsena Europa project.
Livorno
The aim is to ensure a unified coordination with the commissioner structure that follows the project
MSC installs Jotun's proactive hull cleaning system on MSC Daniela
Sandefjord
Combines advanced antifouling technology with robotic inspection and cleaning
Wan Hai Lines reports a 965.6% increase in quarterly profit
Taipei
The company orders six new 11,000 TEU containerships
In the second quarter, cargo traffic in Montenegrin ports decreased by -5.8%
Podgorica
Cargoes to and from Italy dropped by -40.6%
The Grimaldi Group has taken delivery of the Grande Pacifico
Naples
The vessel is the first of five new sister PCTCs with a capacity of 9,800 ceu
In 2025, the Fratelli Cosulich group's revenues amounted to 1.9 billion euros (-11.5%)
Genoa
Net profit of 20.0 million euros (-3.0%)
Maurizio Longo, Secretary General of Trasportounito, has passed away.
Rome
He passed away in Rome after a long illness.
Terminal Investment Limited abandons Tercat acquisition
Brussels
It provided for joint control of the Barcelona terminal with Hutchison Ports
Work has been completed to activate cold ironing at the Porto Corsini cruise terminal in Ravenna.
Ravenna
Acceleration of the redevelopment process for the former CIVAM area in the port of Vibo Valentia Marina
Vibo Valentia
The area will be transformed into new yards for commercial logistics
Maersk Group sells Maersk Training and Maersk H2S Safety Services
Copenhagen
They will be sold to the US Open Gate Capital, specialized in industrial carve-out operations
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
In the April-June quarter, the port of Venice handled 6.3 million tons of goods (-1.2%)
Venice
Cruise passengers down by -15.3%
In the second quarter, freight traffic in the port of Ravenna recorded a sharp increase of +10.9%
Ravenna
In the first six months of 2026 the increase was +5.9%
DP World acquires six GXO logistics sites in the UK
Dubai
186,000 square meters and 2,000 employees change hands: this is the transfer imposed by the British Antitrust for the acquisition of Wincanton
DHL soars in the second quarter, but not everywhere
Bonn
Revenue and EBIT in double digits. Express performed well, while Supply Chain and Post & Parcel Germany fared less well.
Global Ship Lease reports record quarterly and half-year revenues
Athens
Rising costs impact profits
DP World to build temperature-controlled logistics hub in the port of Antwerp
Dubai/Kallo
GNV will activate a third maritime service to Algeria on Saturday
Genoa
The Civitavecchia-Annaba line will complement the existing routes from Sète to Algiers and Bejaia.
Danaos Corporation reports quarterly revenue growth of 4.7%.
Athens
The containership segment remains stable. Bulk carriers continue to contribute.
A bulk carrier hit by a shell in the Strait of Hormuz
Southampton/London
One crew member is reportedly missing.
This year, 800,000 cruise passengers are expected in Messina.
Messina
Passengers make a direct expenditure of almost 16 million euros in the city
Container traffic at the Port of New York grew by 1.6% in the second quarter
New York
In the first six months of 2026, 4.43 million TEUs were handled (+0.2%)
HZ Cargo and Railtrans form joint venture for intermodal transport
Zagreb
The aim is to activate a traffic of over 500 thousand tons between the ports of Croatia and the markets of Central Europe.
ICTSI posts record net income of $363 million (+24.2%) in the second quarter
Manila
Another GasLog vessel hit while leaving the Persian Gulf
Piraeus/Southampton
Damage to the engine room
Finnlines reports record quarterly revenues
Helsinki
In the April-June period, net profit was 42.9 million euros (+64.7%)
Spinelli Group approves 2025 sustainability report
Genoa
Production value grew by 5%. New hires increased by 48%.
Fabrizio Marilli will be the new secretary general of the Central Adriatic Sea Port Authority.
Ancona
The Management Committee has approved the institution's budget adjustment
The Western Ligurian Sea Port Authority has adopted the 2026-2028 Port Plan.
Genoa
Projections for 2028 indicate an increase of approximately 150 employees in the ports of the system
The Southern Tyrrhenian and Ionian Sea Port Authority has approved the budget adjustment change.
Gioia Tauro
It records higher revenues and higher expenses of 1.69 million euros
One and a half million euros for training in Tuscan ports
Livorno
The Northern Tyrrhenian Port Authority has presented its 2026-2028 training plan.
Terminali Italia will manage the Orte intermodal terminal starting next year.
Rome
It has approximately 96,000 square meters of yards and three tracks
Italy and Tunisia sign a collaboration agreement in the transport and logistics sector
Rome
Another Saudi-owned Bahri ship attacked by Houthis in the Red Sea
Southampton/Sana'a/Riyadh
Yemeni militants' spokesman claimed responsibility for the attack on the chemical tanker "NCC Ghazal"
The final breakthrough of the two main tunnels of the Brenner Base Tunnel was achieved today.
Bolzano
The two construction sites are connected approximately 1,400 meters below the Brenner Pass
UPS revenues increased 7.6% in the second quarter
Atlanta
Net profit amounted to $604 million (-52.9%)
In 2025, the revenues of the Italian logistics company Nord Ovest grew by +13.6%
Wedge
Net profit down 8.3%
Quarterly freight traffic increased at the ports of Algeciras and Barcelona. Valencia saw a decline.
Algeciras/Barcelona/
Valencia
Increase in containers at the Catalan port
Fincantieri signs agreement with NextGeo's reinvesting partners
Trieste
The operation is part of the development strategy in the diving segment
The update to the DPSS of the ports of Sardinia has been adopted.
Cagliari
Resolution of the Management Committee of the Port System Authority
ICTSI acquires the ATU12 and ATU18 bulk terminals at the Brazilian port of Aratu.
Sao Paulo/Manila
They will be sold by SIMPAR for approximately 355 million dollars
Konecranes reports decline in quarterly financial performance as orders increase
Helsinki
The value of orders relating to port equipment grew by +17%
Fourteen regions are in favor and five are against the bill on port governance reform.
Rome
Rixi: Let's now continue the institutional process with the aim of achieving a balanced reform.
Kuehne+Nagel's net sales increased by 8% in the second quarter.
Schindellegi
Performance improved markedly in the air freight segment
Assagenti's management team has been renewed.
Genoa
The composition of the executive committee and the chairmen of the commissions
DP World signs preliminary agreement to build two terminals at Fujairah Port
Dubai
VIO - Vado Ligure Interport Board of Directors Renewed
Genoa
Pierangelo Olivieri has been appointed president
Kalmar's turnover increased by 14% in the second quarter
Helsinki
New orders value stable
Saipem wins new offshore drilling contract off Ivory Coast
Milan
It was awarded by Eni Côte d'Ivoire
DSV's quarterly performance continues to grow, boosted by the Schenker acquisition.
Hedehusene
Net profit of DKK 2.6 billion (+11.5%) was recorded in the April-June period of 2026.
Falteri (Federlogistica) has been co-opted into the Board of the European Logistics Association
Genoa
International collaboration protocol on integrated logistics with ACLI Terra
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will be held in Genoa on July 1st.
Genoa
It is organized by the Casa America ETS Foundation and the Western Liguria Port Authority
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
››› Meetings File
PRESS REVIEW
Empire buys back: After Tata, Adani can rewrite India's colonial past
(The Economic Times)
Govt does not interfere in port management appointments - Loke
(Bernama)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
GCC urges international community to protect maritime transport against Houthi threats
Riyadh
Reaction to the announcement of a maritime embargo against Saudi Arabia
Fincantieri signs agreement in Qatar for operational management of the Training and Simulation Centre.
Trieste
The center is intended for the training of naval personnel of the Qatari Navy.
Over 770 kilos of cocaine seized at the port of Vado Ligure
Savona
Once released on the market, the drug would have ensured criminal organizations profits of 250 million euros.
Wärtsilä records sharp increase in new order value in second quarter
Helsinki
Net turnover decreased by -2%
Yang Ming orders Hanwha Ocean to build six 13,000 TEU dual-fuel containerships
Keelung
Contract valued at over $1.2 billion
The toll of attacks on ships in the Black Sea worsens
Odessa
Ten dead on board a ship leaving the port of Odessa
Today a new attack on a ship in the Strait of Hormuz
Southampton
The product tanker Kavomaleas of the Greek company Dynacom Tankers Management caught fire
Confitarma disappointed by the Commission's proposal to revise the EU ETS
Rome
Zanetti: The notable absentee is the competitiveness of the Italian and European shipping industry.
ALIS: Commission's proposals on the EU ETS are positive, but serious issues remain.
Rome
MIT adopts cold ironing guidelines
Rome
The aim is to ensure clear, uniform and transparent criteria for all Port System Authorities.
In the first half of the year, cruise traffic at GPH port terminals grew by +10.1%
Istanbul
In the second quarter alone the increase was +2.8%
Western Liguria Port Authority approves 2026 budget update
Genoa
Assiterminal clarifies its doubts about the responsibilities assigned to Porti d'Italia Spa.
Genoa
ABB buys British Rotork
Zurich/London
The Bath-based company specializes in flow control and industrial automation.
Central Adriatic Port Authority refinances €100 million from the Infrastructure Decree
Ancona
The funds concern seven strategic interventions of the port system
Container traffic at the Port of Los Angeles increased by 3.4% in the first half of 2026.
Los Angeles
In the second quarter, growth was +11.5%
IMO and ITF call for an end to attacks on seafarers and transport workers
London
Resurgence of incidents in the Black Sea, Sea of Azov and the Strait of Hormuz region
Container traffic in the port of Hong Kong grew by 0.2% in the second quarter of 2026.
Hong Kong
An increase of +6.5% was recorded in June
Uiltrasporti is strongly opposed to the establishment of Porti d'Italia Spa
Rome
Verzari and Gulli: the AdSPs must be coordinated by a public body that can protect port workers
CMPort sets new monthly, quarterly and half-yearly container traffic records
Hong Kong
In the first half of 2026, 78.3 million were moved (+4.6%)
In the first half of this year, the port of Singapore handled 22.7 million containers (+4.7%)
Singapore
Historic record for half-year bunker sales
Container traffic at the Port of Long Beach increased by 10.3% in the second quarter.
Long Beach
Growth of +1.7% was recorded in the first half of 2026
The new board of directors of Ferrovie dello Stato Italiane has been appointed.
Rome
Tommaso Tanzilli confirmed as president. Gianpiero Strisciuglio is the new CEO.
Port of Gioia Tauro: tender launched for completion of dredging activities
Gioia Tauro
The expected duration of the contract is 60 days
In the first half of 2026, cargo traffic in Turkish ports was 279.1 million tonnes (+1.5%)
Ankara
Cargoes with Italy alone amounted to 23.4 million tons (-2.5%)
The first steel cutting of the Carnival Destiny cruise ship.
Monfalcone
Fincantieri and Carnival celebrate the thirtieth anniversary of their collaboration
NatPower Marine acquires Aqua superPower to accelerate the electrification of ports and marinas
Monk
It operates the largest international network of electric charging points in Europe.
European Logistics Observatory established
Brussels
The aim is to strengthen the competitiveness, resilience and sustainability of European logistics.
Agreement reached at Mimit with JSW to relaunch the Piombino steelworks
Rome/Livorno
Gariglio: Strengthening integration between port docks and industrial areas
Agreement between Fincantieri and the Croatian shipyards Brodotrogir Cruise and Iskra Shipyard
Trieste
Initiative within the framework of the two-corvette program promoted by the Croatian Ministry of Defence
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